Financials Auto Hall S.A.

Equities

ATH

MA0000010969

Auto Vehicles, Parts & Service Retailers

End-of-day quote Casablanca S.E. 23:00:00 25/04/2024 BST 5-day change 1st Jan Change
77 MAD -1.28% Intraday chart for Auto Hall S.A. -1.28% +13.65%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 4,038 4,024 3,546 5,180 3,269 3,873 3,873 -
Enterprise Value (EV) 1 5,000 4,024 5,138 6,031 3,269 5,594 5,646 3,873
P/E ratio 27 x 25.4 x 24.6 x 19.6 x 32.7 x - - -
Yield 4.36% - 4.96% 3.4% - 4.55% 4.55% 4.55%
Capitalization / Revenue 0.84 x - 0.9 x 1.02 x 0.68 x 0.83 x 0.77 x 0.7 x
EV / Revenue 1.04 x - 1.3 x 1.19 x 0.68 x 1.19 x 1.12 x 0.7 x
EV / EBITDA 11.7 x - 12.4 x 10.4 x 7.4 x 23.3 x 16.4 x -
EV / FCF 10.2 x - 6.71 x 4.69 x - 19.2 x 45.5 x -
FCF Yield 9.85% - 14.9% 21.3% - 5.2% 2.2% -
Price to Book 2.72 x - - - - - - -
Nbr of stocks (in thousands) 50,295 50,295 50,295 50,295 50,295 50,295 50,295 -
Reference price 2 80.29 80.00 70.50 103.0 65.00 77.00 77.00 77.00
Announcement Date 29/03/19 29/04/20 30/04/21 31/03/22 28/04/23 - - -
1MAD in Million2MAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 4,812 - 3,948 5,084 4,831 4,685 5,050 5,520
EBITDA 1 427 - 413.1 577.5 441.7 240 344 -
EBIT 1 311.4 - 295.3 459.7 258.7 132 232 -
Operating Margin 6.47% - 7.48% 9.04% 5.36% 2.82% 4.59% -
Earnings before Tax (EBT) 243.4 - 224.5 - - - - -
Net income 149.6 - 144.3 264.1 100.1 - - -
Net margin 3.11% - 3.65% 5.19% 2.07% - - -
EPS 2.975 3.154 2.869 5.250 1.990 - - -
Free Cash Flow 1 492.6 - 765.9 1,285 - 291 124 -
FCF margin 10.24% - 19.4% 25.28% - 6.21% 2.46% -
FCF Conversion (EBITDA) 115.36% - 185.42% 222.59% - 121.25% 36.05% -
FCF Conversion (Net income) 329.25% - 530.86% 486.79% - - - -
Dividend per Share 2 3.500 - 3.500 3.500 - 3.500 3.500 3.500
Announcement Date 29/03/19 29/04/20 30/04/21 31/03/22 28/04/23 - - -
1MAD in Million2MAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2020 2021 2022 2023 2024 2025
Net Debt 1 962 1,593 850 - 1,721 1,773 -
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) 2.253 x 3.856 x 1.472 x - 7.171 x 5.154 x -
Free Cash Flow 1 493 766 1,285 - 291 124 -
ROE (net income / shareholders' equity) 8.7% 8.46% 15.2% - 0.61% 4.92% 9%
ROA (Net income/ Total Assets) - - - - - - -
Assets - - - - - - -
Book Value Per Share 29.60 - - - - - -
Cash Flow per Share - - - - - - -
Capex 1 182 418 379 - 341 317 -
Capex / Sales 3.79% 10.6% 7.45% - 7.28% 6.28% -
Announcement Date 29/03/19 30/04/21 31/03/22 28/04/23 - - -
1MAD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
SELL
Number of Analysts
1
Last Close Price
77 MAD
Average target price
50.1 MAD
Spread / Average Target
-34.94%
Consensus

Annual profits - Rate of surprise

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